Supply Chain Management Basics

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CherishedIron
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What is the main goal of supply chain management (SCM)?

Maximizing efficiency within the supply chain and for the company itself

Which part of the supply chain process plans, implements, and controls the flow and storage of goods, services, and information?

Logistics

What are the two types of members in the supply chain network structure?

Primary and supporting

What does SCM stand for?

Supply Chain Management

What is included in the components of SCM framework?

SC Management components, SC Business processes, SC Network structure

What does the term 'point of origin' refer to in the context of supply chain?

Where no primary suppliers exist

In supply chain management, what does the 'horizontal structure' refer to?

Number of tiers with the supply chain

What does 'not managed' signify in the context of business process links within a supply chain?

Full trust in other members to manage the link

What are the main common components for supply chain from a physical and technical perspective?

Planning and control methods

What does 'level of integration of a process' depend on in a supply chain?

Number and level of components added to the link

Test your knowledge of supply chain management basics with this quiz. Explore key concepts such as business process integration, value addition, and logistics within the supply chain.

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